Gold prices muted amid uncertainty over interest rates
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China is buying a lot of gold. UBS explains why
May 11, 2024 5:00 AM EDTChina's appetite for gold remains robust, with UBS analysts analyzing the underlying sentiments and trends driving the country's gold market dynamics. Despite some reservations, sentiment towards gold in China is predominantly bullish, reflecting a positive outlook tempered by cautiousness.
UBS's recent trip to China unveiled a prevailing optimism towards gold, albeit with concerns about the rapid ascent of gold prices and the... More
